U.S. billionaire's gift to graduates fuels student debt debate
Oprah Winfrey responded to criticism she received on social media for not paying off student loans after her commencement speech. In January, Smith, a billionaire, donated $1.5 million to the college to fund student scholarships and a new park on campus.

Turkey sees improvement in S-400, F-35 talks with US
Turkish President Recep Tayyip Erdogan said earlier this month that the purchase of S-400s fell under Turkey's "sovereign rights". Turkey is one of the participants in the US F-35 jet program. "We are doing whatever normal bilateral agreements mandate".

Amazon is working on a device that can read human emotions
As with any Lab126 project, there's no telling whether or not the Dylan wearable will ever actually see the light of day. This patent is for a system that will be able to differentiate between the device wearer's voice and background noise.

Tesla could crash to $10 in 'worst-case scenario'
A Tesla Model 3 sedan, its first auto aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. Rowe Price, for years one of Tesla's biggest investors, sold around 81% of its holdings over the first three months of 2019.

James out of NBA First Team
They are joined by Stephen Curry (91 first team votes), Paul George (71 first team votes), and Nikola Jokic (59 first team votes). The Milwaukee Bucks can offer him a five-year deal that would be the largest contract in National Basketball Association history.

Get off the court, Drake
There's certainly no place for fans - or whatever exactly it is that Drake is for the Toronto Raptors - to be on the court. Antetokounmpo missed on a dunk on the Bucks' next possession, then a pullup jumper from Leonard put Toronto up by four.

The Voice Season 16 Crowns a victor
Jarmon closed the show with a lovely version of Leonard Cohen's "Hallelujah", and Legend on his feet cheering her. It took me a minute-I'm not going to lie. "You could win this thing!", Shelton exclaimed. "That was insane.

RBA Governor Signals a Cash Rate Cut
The Aussie dollar dropped off to $0.6883, from around $0.6910, and threatened to re-test the recent 19-week low of $0.6865. The timing could be clearer once RBA Governor Philip Lowe gives a highly anticipated speech later on Tuesday.

DOJ Staffers Think T-Mobile's Merger Benefit Claims Are Nonsense

The sources allege that the antitrust staff at the U.S. Justice Department will eventually advise blocking the merger.

Approval from the Justice Department antitrust division "seems likely" since it never has diverged from the FCC on a merger, said Paul Gallant, a Washington-based analyst for Cowen & Co.

The Justice Department, which often follows staff recommendations, is expected to make a final decision in about a month, the sources said.

Altice had urged the FCC to reject the deal because it was concerned it would be stopped from offering the phone service. FCC Chairman Ajit Pai said Monday that he would recommend approval of the deal after the companies offered a package of concessions.

The FCC's seal of approval came after the carriers agreed to sell off Sprint subsidiary Boost Mobile to spur competition at the low-priced end of the market.

But Delrahim does face other pressures to nix the transaction, including the possibility that state attorneys general in California and NY may oppose a transaction that his staff is recommending he should oppose as well. Consumer advocacy groups oppose the deal, arguing that the consolidation will result in less competition and higher prices.

"Two of the FCC's top priorities are closing the digital divide in rural America and advancing United States leadership in 5G, the next generation of wireless connectivity", Pai said at the time. Democratic lawmakers have also been skeptical of the companies' promises.

History and antitrust data is pretty clear on this point: when you reduce the overall number of major competitors in telecom, the end result is nearly always higher prices, fewer jobs, and worse service. T-Mobile announced plans to acquire Sprint for $26 billion to merge the two telecom companies.

The Obama administration rebuffed the companies' earlier effort to merge, as well as an attempted deal between AT&T and T-Mobile, on concerns that such deals would hurt competition in the wireless industry. The department declined to comment.